Accounting Fraud

As a business owner, the thought of your company facing financial losses and the potential public backlash can be daunting. However, if you find yourself tempted to manipulate financial data to protect your job or deceive investors, you could be walking into dangerous territory known as accounting fraud.

When it comes to investigating financial statements, federal agencies like the Securities and Exchange Commission leave no stone unturned. Once they uncover the evidence that may lead to your conviction, they act swiftly and bring charges against you. It’s a grave situation, but there is hope. By seeking the guidance of a professional and experienced Washington accounting fraud lawyer at Logue Law Group, you can protect your rights and mount a strong defense.

What Exactly is Federal Accounting Fraud?

And what are the potential consequences? In simple terms, it involves presenting financial information in a deceptive or misleading way, manipulating your company’s numbers for personal gain.

Engaging in such misconduct comes with severe ramifications. You could face imprisonment for your actions. Examples of accounting fraud include inflating income and assets, concealing bonuses or executive gifts, hiding assets to evade taxes, understating liabilities and expenses, misrepresenting losses, and falsely reporting sales.

Charges/Penalties

Now, let’s discuss the possible charges and penalties involved. If convicted of accounting fraud, you may find yourself behind bars or burdened with substantial fines. Intentionally violating security laws can lead to up to 20 years of imprisonment and fines up to $5,000,000. Corporations, on the other hand, may face fines of approximately $25,000,000. However, by consulting an accounting fraud attorney in the Washington area, you may have the chance to reduce or even avoid these penalties altogether.

Defenses

Logue Law, an experienced Washington PA criminal attorney, offers a range of defenses that can be utilized in accounting fraud cases. When examining your case, our attorney will first assess the charge’s definition and determine if your actions align with it. By raising doubts about specific aspects of the prosecutor’s case, our attorney can instill reasonable doubt in a jury. Additionally, in certain circumstances, our Washington PA DUI attorney may put forward an affirmative defense.

Why Consult a Lawyer?

After being charged with fraud, you will inevitably face inflexible laws and a determined prosecutor. In such a situation, enlisting the assistance of a knowledgeable federal criminal lawyer can be your saving grace. They will guide you through the available options and help you achieve the best possible outcome based on your circumstances. Our reputable Washington accounting fraud attorney will meticulously examine every aspect of your case to determine if there is any evidence supporting the accusations against you. They will rigorously challenge any evidence that does not work in your favor. Furthermore, our dedicated Washington PA criminal lawyer will build your defense based on the circumstances of your case, collecting supporting evidence and witnesses as needed. They will leave no stone unturned in their pursuit of helping you. It is vital that you provide them with complete transparency and all the information you have, enabling them to effectively assist you.

If you find yourself facing such charges, the potential consequences can be devastating. Rest assured, we will tirelessly fight to protect your rights. Our attorneys will be there to guide you every step of the way.

For a complimentary initial consultation with a highly skilled accounting fraud lawyer in Washington, connect with us online or call 844.PITT.DUI.